Business

Indians Fourth Largest Immigrant Group In Australia

The Indian population in Australia doubled in the last six years, displacing Italians as the fourth largest immigrant group in the country.Indians are the fastest

Trip At 66

A 66-year-old Indian woman has become the oldest woman in the world to give birth to triplets after undergoing vitro fertilization.The children are Bhateri Devi’s

India Seeks ex-Union Carbide CEO’s Extradition

The Indian Cabinet had decided to seek the extradition of the former head of Union Carbide Warren Anderson over the toxic gas leak in 1984

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India’s leading software firm Infosys rejects 94 percent of job applicants, according to its annual report. The company offered jobs to 26,200 of nearly 400,000 applicants

Nicht Deutsche?

Anshu Jain’s elevation as head of investment banking at Deutsche Bank, putting him next in line for the bank’s top job, is raising eyebrows in

Asian Millionaires Boom

 Asian millionaires have overtaken their European counterparts for the first time. According to a report by Merrill Lynch Wealth Management and Capgemini, the wealth of Asian

IPL Owners Want Salary Cap Raised

Indian Premier League franchise owners want the salary cap in the Twenty20 league raised by $2 million to $9 million. The number of teams in the

Richest Malay Indians

Telecom giant Ananda Krishnan, ranked second on the list.

Reliance Expands

Reliance has the option to buy 45 percent share of Pioneer’s new gas discoveries.

Gulf Overtakes North America In Remittances To India

The share of remittances from the Gulf regions grew during the global economic crisis in 2008-2009 and declined from North America and East Asia.

Output Growth Slows

India’s industrial output growth rate continues to slow. Output grew 15.1 percent in February, below January’s 16.7 percent growth and December’s peak at 17.6 percent,

Rajat Gupta On Galleon Tapes?

The widening circle around Galleon Group hedge fund billionaire Raj Rajaratnam, who has been charged with insider trading, might have ensnared former McKinsey Managing Partner

Outsourcers Rebound

Net profits at Tata Consultancy Services Ltd., India’s largest outsourcing company, grew 29 percent to almost $1.45 billion in the fiscal year ending March 2010.

End of the Third World

With the rise of China, India and Brazil, it is time to drop the use of the term “Third World” to categorize developing countries, according

Priceless Banga

MasterCard Inc has elevated Ajay Banga to chief executive officer, just 10 months after recruiting him from Citigroup as president and chief operating officer.  Banga,

KSU MBA Program In India

Georgia’s Kennesaw State University is set to launch India’s first executive M.B.A. program in collaboration with an American university in Mumbai next fall. The venture

Who You Gonna Call! India!

The company has signed a deal with Infosys to run its IT helpdesk

Turbines In India

GE is aggressively courting the Indian market, including a healthcare joint venture

Lifeline Express

Can trains-turned-hospitals cure rural India’s health care woes?

$328 Billion Piggy Bank

Global remittances keep families and some nations afloat.

Abbott Buys Piramal

Chicago’s Abbott Labs has bought the domestic healthcare business of India’s Piramal Healthcare Ltd., for $3.72 billion. The deal makes Abbott the largest pharmaceutical company

Let’s Make An Ambani Deal

Peace between the Ambani brothers?

3G Auction

$14.6 billion for India's 3G mobile spectrum.

Buffet Has Ajit’s Back

Warren Buffet again raves about Ajit Jain, head of Berkshire’s reinsurance business, who is often tipped as Buffet’s successor

Mahindra Reva

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H-1B Workers Earn More Than U.S. Workers

A University of Maryland study reports that contrary to widespread belief foreign workers earned more than U.S. tech professionals. The study “Are Foreign IT Workers Cheaper? U.S. Visa

The State Of Indian IT

Stabilized but cautious.

Start Up Visa

Immigrant entrepreneurs who are able to line up $250,000 in investment will become eligible for a new two year visa under a bill proposed by Senate Foreign

Gender Gap

India has the fewest women employees among 20 countries surveyed in the World Economic Forum Corporate Gender Gap 2010. The United States (52%), Spain (48%),

Renault Nissan

Renault and Nissan have established a joint car factory in Chennai that is expected to manufacture 400,000 vehicles a year by 2015. Production of Nissan’s new sub-compact

Second Best Stock Returns

With a 200% return over the past six years, Indian stocks had the second highest return for investors in Asia. At the end of 2009, the Sensex

India Hikes Rates

The country’s Wholesale Price Index rose 9.9 percent in February and may top 10 percent in March

IMG Targets Indian Sports

IMG is also behind the Indian Premier League.

Indian Investment In US

India and the United Arab Emirates are the fastest growing investors in the United States. According to Under Secretary of State for Economic, Energy and Agricultural

Domino’s Pizza

India is its fastest growing market.

Facebook

Facebook has 8 million users in India.

Indian Billionaire Seeks To Buy Out Astro

Maybank Investment Research said in a report the offer price was above fair value and attractive

$31 Million Scam

A 46-year-old chief accounting officer at an audio company has been indicted for embezzling $31 million. Sujata “Sue” Sachdeva, former vice president of finance for

Air India Gets Bailout

Air India is reeling under a $8 billion debt load.

Hiring Frenzy

Tata Consultancy Services, Infosys, and Wipro expanded their global workforces by an average of 5.1 percent last quarter.

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